Q&A: Apsley director on Scandi BTR deals

摘要

Prepare for a wave of Scandinavian capital. That's the advice from Swedish-born Robin Norstrom, director of Apsley House Capital, which last month received £160m from the largest real estate company in Scandinavia in the biggest forward-funding deal for a UK build-to-rent (BTR) scheme outside London.The investment from Heimstaden Bostad will see Apsley partner with Galliard Homes to develop 752 BTR homes at Soho Wharf in Birmingham. Norstrom believes this will be the first of many such deals from Scandinavian companies eager to invest in the UK BTR market.Property Wee/k caught up with Norstrom to find out why he is so confident about the weight of capital from the Nordics.